Wednesday, November 27, 2024

Deal boom

Apartment deals, mergers and acquisitions

147 Columbia

Garden Communities Celebrate Debut of Boutique Luxury Apartment Community 147 Columbia in Florham Park...

Garden Communities this month celebrated the grand opening of 147 Columbia, the newest luxury apartment community in downtown Florham Park. Local officials and law enforcement representatives joined Garden Communities and other key stakeholders at the...
The Park at Village Oaks

URS Capital Partners Acquires Distressed Wilmington North Carolina Asset The Park at Village Oaks...

URS Capital Partners, a prominent player in the real estate investment sector, has successfully acquired The Park at Village Oaks, a 126-unit apartment community located in Wilmington, North Carolina. The Park at Village Oaks, faced...
Winsted at White Rock

SPI Advisory Acquires Class A Multifamily Asset Winsted at White Rock in Thriving Dallas...

SPI Advisory (“SPI”) has successfully acquired Winsted at White Rock, a 314-unit Class A garden-style multifamily property located in the affluent Lakewood neighborhood of Dallas. This marks SPI’s 49th acquisition in DFW since its...
2405 W. Hutchinson Street

Greenstone Partners Bring Two Multifamily Properties on Hutchinson Street and Western Avenue to Market...

Greenstone Partners is excited to announce the marketing of 2405 W. Hutchinson Street and 1509 N. Western Avenue in Chicago, Illinois. 2405 W. Hutchinson Street is listed at $15,950,000, and 1509 N. Western Avenue is...
Shorehaven

Shorehaven Mixed-Use Development Tops Out in Tempe

Affiliates of Cantor Fitzgerald, L.P. and Silverstein Properties announce the topping out of Shorehaven, a mixed-use development on the south bank of Tempe Town Lake in Arizona. Built across 3.3 acres, the 1.3-million-square-foot Project features...
930 Central Flats

Olympus Property Expands Tampa Bay Presence with Acquisition of 930 Central Flats

Olympus Property is pleased to announce the acquisition of 930 Central Flats, a 218-unit luxury apartment community located in the heart of Downtown St. Petersburg, Florida. With a strong track record of success in the...
The Quarry

Thompson Thrift Hosts Ribbon Cutting for The Quarry, a Luxury Apartment Community in Fort...

Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, hosted a ribbon cutting for The Quarry, a Class A multifamily community near the main campus of...
Villa Hermosa

Dominium Announces Expansion into New Mexico with Acquisition of Villa Hermosa

Dominium, a leading affordable housing owner, developer and manager announced that it has acquired Villa Hermosa, a 288-unit multifamily housing community in Albuquerque, New Mexico. Renovations to Villa Hermosa will include upgrades to the community’s...
PFW

JLL Advises PFW on a Public-Private Partnership Agreement for a State-of-the-Art Student Housing Development

JLL announced that it has successfully advised Purdue University Fort Wayne (PFW) and the Purdue Fort Wayne Foundation on the feasibility and strategy for finding a private-sector partner to develop a new 600-bed student...
Cholla Ranch

Dominium Acquires Cholla Ranch with Plans to Resyndicate and Renovate the Property

Dominium, a leading affordable housing owner, developer and manager, announced that it has acquired Cholla Ranch, a 180-unit affordable housing community in Buckeye, Arizona. Dominium will conduct a $7.2 million renovation of the property,...
Monte Alban

JLL Assists in Securing HUD 223(f) Refinance Loan for Monte Alban Apartments, a 192-unit...

JLL Capital Markets announced that it has arranged a $30,168,200 refinancing for Monte Alban Apartments, an affordable housing complex in San Jose, California. JLL worked on behalf of the borrower, The John Stewart Company, to...
34-unit multifamily

Marcus & Millichap Capital Corporation Arranges $7.5M Acquisition Financing for Los Angeles 34-Unit Multifamily...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, arranged $7,540,000 in financing for the acquisition of a 34-unit multifamily property located in Torrance,...
partnership with North Carolina

HUD Announces New Partnership with North Carolina Central University to Strengthen America’s Fair Housing...

The U.S. Department of Housing and Urban Development (HUD) announced a new partnership with North Carolina Central University (NCCU), a public historically Black university (HBCU), to address housing bias and discrimination, and strengthen the...
Revyse

Revyse Announces Investment from RET Ventures and Reaches $2M in Venture Funding

Revyse, a pioneering vendor management software built for the multifamily industry, announced the closing of a $1-million seed investment from leading real estate technology venture capital firm RET Ventures. This latest capital raise comes...
New York City Multifamily

New York City Multifamily Totaled $2.33B in Third Quarter 2024

Following a robust second quarter, activity in New York City's multifamily market slowed in the third quarter with dollar volume declining by 17% quarter-over-quarter to $2.33 billion and transactions falling by 16% to 248,...
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